Energy Partnerships Act
Offset Credit Program for Domestic Emission Reductions Scientific Advisory Committee to provide recommendations on project types and methodologies USDA the lead agency on all agriculture and forestry projects and EPA will oversee all other projects List of eligible projects to provides predictability Standards to ensure additionality, prevent leakage and provide measurable results Stackability of credits to reward co-benefits to the ecosystem and ensure offset program workability? Functionality? with existing government stewardship programs Short-term carbon easements to provide land use flexibility and true carbon accounting Early actor rewards going back 2001 Clarity that agriculture and forestry shall not be regulated Carbon Conservation Program The purpose is to achieve supplemental emission reductions from landowners on private and public land by: Preventing the conversion of land (i.e. native prairie, altered tillage, forest) that would otherwise release emissions Serving as an incubator program to develop new offset project methodologies that involve all producers and landowners Helping small landowners overcome the transaction costs of carbon agreements Restoring federal forest and grazing lands to sequester more carbon 30% of all funds are to be used to purchase conservation easements with priority given to projects sequestering carbon and protecting forest land, native prairie and grasslands.
Rural Clean Energy Resources & Agriculture and Forestry Research for GHG Mitigation Expand funding for energy programs in the farm bill programs as well as USDA research to study on the effects of climate change on agriculture as well as mitigation opportunities.